Income and expenditure of first class municipalities in Cavite /
by Bea S. Sicap.
- Indang, Cavite : Cavite State University-Main Campus, 2015.
- xii, 86 pages : illustrations ; 28 cm.
Thesis (BS Economics--Development Economics) Cavite State University
Includes bibliographical references.
College of Economics, Management, and Development Studies (CEMDS) College of Economics, Management, and Development Studies (CEMDS)
SICAP, BEA CELINA SANO. Income and Expenditure of First Class Municipalities in Cavite.Undergraduate Thesis. Bachelor of Science in Economics, major in Development Economics. Cavite State University, Indang Cavite. October 2015. Adviser: Dr. Luzviminda A. Rodrin.
The study was conducted to describe (1) the various sources of income (2) the factors considered in the allocation of funds to different expenditure items, (3) the projects implemented, (4) the actual expenditures, (5) the measures undertaken when there is excess fund of the actual expenditure, (6) the measure undertaken when the allocated budget falls short to the actual expenditure and (7) the problems they encountered in the allocation of funds to different services, programs, and projects implemented by the municipalities.
The study was conducted among the first class municipalities in Cavite namely: Indang, Tanza, Rosario, General Trias, General Mariano Alvarez, Kawit, Silang, Alfonso, and Carmona
Secondary and primary data were gathered from the respective Municipal Accounting Office, Municipal and Development Council and Municipal Engineering Office. The data were analyzed using descriptive statistical tools such as frequency count, percentage and rank, and growth rate of income and expenditure of first class Municipalities in Cavite.
The highest source of income of the municipalities comes from Internal Revenue : Allotment (IRA), local taxes and other income. The municipality with the highest source of income was from General Trias. Based on the study, the major factor considered by the local government units in the allocation of funds was prioritization.
Municipality spent more to implement projects for social services. Half of the municipalities spent more on personal, while the other half were for Maintenance and other. Operating Expenses (MOOE). Meanwhile, the measure undertaken by the local government units when there are excess fund to the actual expenditure were savings and purchase of outstanding bonds. On the other hand, the measure undertaken by the local government units when the allocated budget falls short to the actual expenditure include the realignment of budget and adoption of austerity measure.
The major problem encountered by the municipalities was lack of fund